Apocalypse from U.S.Land Developing Right Institution to China's Land Requisition Compensation Reformation—Based on Welfare Economics
基于福利经济学分析美国土地发展权制度，构建土地价值生产函数，设计一种事后补偿方式计算征地补偿金额，为市场交易机制提供替代方案。
Using the principals of land developing rights institution to reform China's land acquisition compensation has became a representative research method.Since previous studies has some theoretical or practical disadvantage,based on systematical analysis of U.S.land developing rights institution and using welfare economics,this paper built a land value production function to detect the net value of the land development rights,to clarify the land value allocation adjustment process and its principle of Pareto optimal,and designed aafter-compensationway to calculate the compensation amount of land acquisition,which is an alternative of market trading mechanisms.